Building Your Business Limited

Telephone        0 (044) 1348 872491                                                               It Works So You Don’t Have To

Fax                  0 (044) 1348 872492                                                              

Email                team@buildingyourbusiness.co.uk                                            

Web                 www.buildingyourbusiness.co.uk

 

Business Needs Analysis

Use this business needs analysis to review where you are in your business and to identify areas where you need help to achieve your goals.

I am a business owner          Yes o            No o

No. of owners                                                                                                                                                 

Owner name 1                                                                                                                                                

Owner name 2                                                                                                                                                

Owner name 3                                                                                                                                                

No. of years in business                                                                                                                                  

Business name                                                                                                                                               

Address                                                                                                                                                           

Phone                                                                                                                                                             

Fax                                                                                                                                                                 

E-mail                                                                                                                                                             

 

HISTORY

1

 
What is your greatest need as it relates to your business right now?

                            o Sales                                         o Cash flow

                            o Systems                                   o More life

                            o Organization                            o Other                                                                

2

 
Why now (as opposed to any other time in the history of the business) is it important to take a look at how you are doing business?  

                            o Long hours                              o Health

                            o Family                                       o Compensation

                            o Stress                                       o Other                                                                

3

 
Why or how did you start this business? 

                            o Entrepreneurial Seizure        o Job loss

                            o Family business                     o Family

                                                                                    o Other                                                                

4

 
What has your experience as a business owner been like?

                     o Very satisfying                 o Frustrating

                     o Somewhat satisfying         o A nightmare

                                                                                    o Other                                                                

4

 
Looking back to when you started this business, how close have you come to reaching the vision that you had for the business? 

                            o Have reached it                       o Not reached it

                                        o Have come close                    o Have given up on reaching it 

                                                                                                o Other                                                                

 

 

MARKETING & SALES

1

 
Which best describes your business?

                            o Retail or wholesale                o Service

                            o Manufacturing                          o Professional

                                                                                    o Other                                                                

2

 
Who are your customers?

                            o Other businesses                  o Individuals

                                                                                    o Other                                                                

3

 
What age group do you attract?

                            o Under 18                                  o 18-30

                            o 30-50                                         o 50 +

                                                                                    o Other                                                                

4

 
Where are your clients located? 

                            o Local                                         o National

                            o International                             o Other                                                                

5

 
How do you get the majority of your clients?

                            o Referral                                     o Direct Mail

                            o Reputation                               o Media Advertising

                            o Telemarketing                         o Yellow pages

                                                                                    o Other                                                                

6

 
What marketing efforts have you tried?

                            o Direct Mail                                o Media

                            o Telemarketing                         o Yellow pages

                                                                                    o Other                                                                

7

 
What kind of results are you getting or did you get? 

                            o Excellent                                   o Good

                            o Fair                                            o Poor

                                                                                    o Other                                                                

8

 
Do you have a marketing strategy in place for future growth?

                            o Yes                                            o No

                                                                                    o Other                                                                

9

 
Do you have a marketing budget? 

                            o Yes                                            o No

                                                                                    o Other                                                                

 

FINANCES

1

 
My business is: 

                            o Company                                  o Partnership

                            o Sole proprietorship                o Other                                                                

 

 

2

 

 

 
How profitable are you?

                            Gross Revenue                                   Net Profit                                       o Don’t know


 

3

 
How would you describe your cash flow?

                            o Excellent                                   o Good

                            o Fair                                            o Inconsistent

                            o Poor                                           o Other                                                                

4

 
Are you paying your bills on time?

                            o Yes                                            o No

                            o Most of the time                       o Sometimes

                                                                                    o Other                                                                

5

 
Do you have any long-term debt?

                            o Yes                                            o No

                            Other or comments                                                                                                    

6

 
If you answered ‘Yes’ in the previous question - Are you on a structured repayment schedule?

                            o Yes                                            o No

                                                                                    o Other                                                                

7

 
What are your terms of payment for your clients/customers?

                            o 15 days                                     o 30 days

                            o 60 days                                     o Other                                                                

8

 
How are your receivables collections?

                            o Excellent                                   o Good

                            o Fair                                            o Poor

                                                                                    o Other                                                                

9

 
What type of financial reports do you generate on a regular basis?

                            o P & L                                          o Balance Sheet

                            o Projections                               o Budget

                            o None                                         o Other                                                                

10

 
How often?

                            o Weekly                                      o Monthly

                            o Quarterly                                   o Annually

                                                                                    o Other                                                                

 

MANAGEMENT

1

 
How many employees do you have?

                                   o None                                  o 1-10

                                   o 10-50                                 o 50-100

                                   o Over 100                            o Other                                                                

2

 
How many people are in a management position?

                                    o Less than 5                      o 5-10

                                    o More than10                     o Other                                                                

3

 
Are you getting the results you want from your people?

                                    o Yes                                    o Most of the time

                                    o Sometimes                      o Almost never

                                                                                    o Other                                                                

4

 
Do you have documented, published standards for your people?

                                    o Yes                                    o No

                                    o Some                                o Other                                                                

5

 
Have you created clear accountabilities for your people?

                                    o Yes                                    o No

                                    o Some                                o Other                                                                

6

 
Do you have a recruiting & hiring system in place?

                                    o Yes                                    o No

                                    o Some                                o Other                                                                

7

 
Do you have a documented training system?

                                    o Yes                                    o No

                                    o Some                                o Other                                                                

8

 
Have you created an organization chart defining the functions of your business?

                                    o Yes                                    o No

                                                                                    o Other                                                                

 

VISION

1

 
List 3 key issues or challenges facing your business.           

                           1.                                                                                                                                 

                                                                                                                                                               

 

                           2.                                                                                                                                 

                                                                                                                                                               

 

                           3.                                 ____________________________________________

                                                                                                                                                               

 

2

 
The vision for your business is to:

                           o Sell it                                 o Replicate it

                                    o Franchise it                      o Use it as an income source

                                    o Leave it as a legacy        o Stay involved doing the strategic work

                                                                           o Other                                                                

 

3

 
Please use space provided to tell us anything about your business that would help us to recommend a course of action.

                                                                                                                                                               

                                                                                                                                                               

                                                                                                                                                               

                                                                                                                                                               

 

                          

3

 
Finally, how did you first hear about Building Your Business Limited?

       o Web site                                   o Referred by ______________________

                            o Yellow pages                           o Other ___________________________

 

Once completed, please fax to Building Your Business Limited

 01348 872492

for your FREE Business Needs Analysis.